Index Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
S&P GSCI Zinc (CME:SPGSIZ)
Bull Market Weakness (+75) - SPGSIZ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSIZ as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGSIZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSIZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSIZ
The long-term trend has been UP since Jun 19th, 2020 at 162.4270
The intermediate-term trend has been UP since Sep 24th, 2021 at 247.3222
The short-term trend has been DOWN since Oct 21st, 2021 at 275.6337
Smart Scan Analysis for SPGSIZ
Based on our trend formula, SPGSIZ is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||283.2727||52wk High Date||2018-02-15|
|52wk Low||180.0282||52wk Low Date||2018-08-15|